Good exits are planned 3-5 years in advance.
The worst time to think about your exit is when a buyer appears. You'll learn the three main routes: trade sale (sell to a strategic buyer), management buyout (sell to your team), or dividend yourself to profitability (no exit planned yet). Each has different requirements. You'll also learn how to structure for tax efficiency (Business Asset Disposal Relief saves tax on the gain), how to prepare your business so it's attractive to buyers (clean books, repeatable processes, independent revenue), and how management accounts two years before selling show buyers whether the business is stable.
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Article from AskBiz Academy
Follow this learning path to master business exit planning: plan your exit now.
Get Started Free →